Comparison

Side-by-side payments and cash to close

Lowest monthly: Current Market Conventional

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$120,981$96,300
Remaining term (yrs)22.530.0
Secondary amount$0$0
Funding fee$605$0
Note rate4.1%7.18%
Blended rate4.1%7.42%
1st payment$683.73$652.37
2nd payment$0.00$0.00
Taxes / mo$50.58$50.58
Insurance / mo$150.00$150.00
MI / mo$0.00$19.26
HOA / mo$0.00$0.00
Total monthly$884.31$872.21
Cash to close$0$10,700